Cineverse (FRA:IQ50) Cash-to-Debt : 0.94 (As of Dec. 2023)

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What is Cineverse Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Cineverse's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.94.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Cineverse couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Cineverse's Cash-to-Debt or its related term are showing as below:

FRA:IQ50' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.27 Max: 1262.56
Current: 0.94

During the past 13 years, Cineverse's highest Cash to Debt Ratio was 1262.56. The lowest was 0.07. And the median was 0.27.

FRA:IQ50's Cash-to-Debt is ranked worse than
55.26% of 1037 companies
in the Media - Diversified industry
Industry Median: 1.28 vs FRA:IQ50: 0.94

Cineverse Cash-to-Debt Historical Data

The historical data trend for Cineverse's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Cineverse Cash-to-Debt Chart

Cineverse Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.29

1.41

17.44

1.15

Cineverse Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.81	1.15	1.98	1.44	0.94

Competitive Comparison of Cineverse's Cash-to-Debt

For the Entertainment subindustry, Cineverse's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cineverse's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cineverse's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cineverse's Cash-to-Debt falls into.

Cineverse Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Cineverse's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	6.68	/	(4.989	+	0.806)
	=	1.15

Cineverse's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.079	/	(4.925	+	0.487)
	=	0.94

Cineverse (FRA:IQ50) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Cineverse Cash-to-Debt Related Terms

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Cineverse (FRA:IQ50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cineverse Corp (FRA:IQ50) » Definitions » Cash-to-Debt

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CNVS:USA

Address

244 Fifth Avenue, Suite M289, New York, NY, USA, 10001

Website

https://www.cineverse.com

Cineverse Corp is a streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company mainly operates through two segments, Content & Entertainment, and Cinema Equipment, from which Content & Entertainment derives the majority of its revenues.

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